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Side-by-side financial comparison of Gogo Inc. (GOGO) and IMAX CORP (IMAX). Click either name above to swap in a different company.
Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $125.2M, roughly 1.8× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -4.3%, a 4.8% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 35.1%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 25.8%).
Gogo Inc. is an American provider of in-flight broadband Internet service and other connectivity services for business aircraft, headquartered in Broomfield, Colorado. Through its Gogo LLC subsidiary, Gogo previously provided in-flight WiFi to 17 airlines until the Commercial Air business was sold to Intelsat for $400 million in December 2020. According to Gogo, over 2,500 commercial aircraft and 6,600 business aircraft have been equipped with its onboard Wi-Fi services. The company is the de...
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
GOGO vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $230.6M | $125.2M |
| Net Profit | $-10.0M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 6.2% | 19.3% |
| Net Margin | -4.3% | 0.5% |
| Revenue YoY | 67.3% | 35.1% |
| Net Profit YoY | 64.6% | -88.0% |
| EPS (diluted) | $-0.08 | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $230.6M | $125.2M | ||
| Q3 25 | $223.6M | $106.7M | ||
| Q2 25 | $226.0M | $91.7M | ||
| Q1 25 | $230.3M | $86.7M | ||
| Q4 24 | $137.8M | $92.7M | ||
| Q3 24 | $100.5M | $91.5M | ||
| Q2 24 | $102.1M | $89.0M | ||
| Q1 24 | $104.3M | $79.1M |
| Q4 25 | $-10.0M | $637.0K | ||
| Q3 25 | $-1.9M | $20.7M | ||
| Q2 25 | $12.8M | $11.3M | ||
| Q1 25 | $12.0M | $2.3M | ||
| Q4 24 | $-28.2M | $5.3M | ||
| Q3 24 | $10.6M | $13.9M | ||
| Q2 24 | $839.0K | $3.6M | ||
| Q1 24 | $30.5M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | 87.8% | 58.5% | ||
| Q1 25 | 87.3% | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | 6.2% | 19.3% | ||
| Q3 25 | 12.9% | 27.2% | ||
| Q2 25 | 15.9% | 15.6% | ||
| Q1 25 | 15.3% | 19.3% | ||
| Q4 24 | -17.5% | 10.3% | ||
| Q3 24 | 19.0% | 21.2% | ||
| Q2 24 | 21.2% | 3.2% | ||
| Q1 24 | 33.2% | 15.3% |
| Q4 25 | -4.3% | 0.5% | ||
| Q3 25 | -0.9% | 19.4% | ||
| Q2 25 | 5.7% | 12.3% | ||
| Q1 25 | 5.2% | 2.7% | ||
| Q4 24 | -20.5% | 5.7% | ||
| Q3 24 | 10.6% | 15.2% | ||
| Q2 24 | 0.8% | 4.0% | ||
| Q1 24 | 29.2% | 4.1% |
| Q4 25 | $-0.08 | $0.02 | ||
| Q3 25 | $-0.01 | $0.37 | ||
| Q2 25 | $0.09 | $0.20 | ||
| Q1 25 | $0.09 | $0.04 | ||
| Q4 24 | $-0.22 | $0.09 | ||
| Q3 24 | $0.08 | $0.26 | ||
| Q2 24 | $0.01 | $0.07 | ||
| Q1 24 | $0.23 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $125.2M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $101.1M | $337.9M |
| Total Assets | $1.3B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $151.2M | ||
| Q3 25 | $133.6M | $143.1M | ||
| Q2 25 | $102.1M | $109.3M | ||
| Q1 25 | $70.3M | $97.1M | ||
| Q4 24 | $41.8M | $100.6M | ||
| Q3 24 | $176.7M | $104.5M | ||
| Q2 24 | $161.6M | $91.6M | ||
| Q1 24 | $152.8M | $81.0M |
| Q4 25 | $101.1M | $337.9M | ||
| Q3 25 | $107.0M | $349.5M | ||
| Q2 25 | $102.8M | $320.4M | ||
| Q1 25 | $82.9M | $299.5M | ||
| Q4 24 | $69.3M | $299.5M | ||
| Q3 24 | $52.7M | $289.4M | ||
| Q2 24 | $52.0M | $267.2M | ||
| Q1 24 | $62.4M | $258.8M |
| Q4 25 | $1.3B | $894.0M | ||
| Q3 25 | $1.3B | $889.6M | ||
| Q2 25 | $1.3B | $868.6M | ||
| Q1 25 | $1.2B | $848.3M | ||
| Q4 24 | $1.2B | $830.4M | ||
| Q3 24 | $810.7M | $847.6M | ||
| Q2 24 | $802.7M | $827.4M | ||
| Q1 24 | $809.0M | $824.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.5M | $29.4M |
| Free Cash FlowOCF − Capex | $-25.4M | $28.0M |
| FCF MarginFCF / Revenue | -11.0% | 22.3% |
| Capex IntensityCapex / Revenue | 14.7% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $29.4M | ||
| Q3 25 | $46.8M | $67.5M | ||
| Q2 25 | $36.7M | $23.2M | ||
| Q1 25 | $32.5M | $7.0M | ||
| Q4 24 | $-38.3M | $11.5M | ||
| Q3 24 | $25.1M | $35.3M | ||
| Q2 24 | $24.9M | $35.0M | ||
| Q1 24 | $29.7M | $-11.0M |
| Q4 25 | $-25.4M | $28.0M | ||
| Q3 25 | $27.3M | $64.8M | ||
| Q2 25 | $33.5M | $20.9M | ||
| Q1 25 | $29.7M | $5.3M | ||
| Q4 24 | $-42.6M | $6.9M | ||
| Q3 24 | $20.7M | $34.2M | ||
| Q2 24 | $21.6M | $33.5M | ||
| Q1 24 | $28.2M | $-12.1M |
| Q4 25 | -11.0% | 22.3% | ||
| Q3 25 | 12.2% | 60.7% | ||
| Q2 25 | 14.8% | 22.8% | ||
| Q1 25 | 12.9% | 6.1% | ||
| Q4 24 | -30.9% | 7.4% | ||
| Q3 24 | 20.6% | 37.3% | ||
| Q2 24 | 21.1% | 37.6% | ||
| Q1 24 | 27.0% | -15.3% |
| Q4 25 | 14.7% | 1.1% | ||
| Q3 25 | 8.7% | 2.6% | ||
| Q2 25 | 1.4% | 2.6% | ||
| Q1 25 | 1.2% | 1.9% | ||
| Q4 24 | 3.1% | 5.0% | ||
| Q3 24 | 4.4% | 1.2% | ||
| Q2 24 | 3.3% | 1.8% | ||
| Q1 24 | 1.4% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | 2.87× | 2.06× | ||
| Q1 25 | 2.70× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 2.36× | 2.54× | ||
| Q2 24 | 29.74× | 9.78× | ||
| Q1 24 | 0.97× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOGO
| Services | $191.9M | 83% |
| Products | $38.7M | 17% |
| Fcc Reimbursement Program | $2.0M | 1% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
